Deep Fission (NASDAQ:FISN) Downgraded to Sell Rating by Wall Street Zen

Wall Street Zen lowered shares of Deep Fission (NASDAQ:FISN) from a hold rating to a sell rating in a report issued on Sunday.

FISN has been the subject of a number of other research reports. Benchmark assumed coverage on Deep Fission in a research report on Monday, July 13th. They set a “buy” rating and a $20.00 price target for the company. UBS Group set a $18.00 price objective on Deep Fission in a report on Wednesday, July 15th. Zacks Research upgraded Deep Fission to a “hold” rating in a research note on Wednesday, August 5th. Seaport Research Partners began coverage on Deep Fission in a report on Tuesday, August 4th. They set a “buy” rating and a $25.00 target price for the company. Finally, Canaccord Genuity Group started coverage on Deep Fission in a research report on Wednesday, July 15th. They issued a “buy” rating and a $18.00 target price on the stock. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Deep Fission presently has a consensus rating of “Moderate Buy” and an average target price of $18.67.

Deep Fission Price Performance

NASDAQ:FISN opened at $8.25 on Friday. Deep Fission has a 12 month low of $7.64 and a 12 month high of $19.00. The business’s fifty day moving average is $10.01.

Deep Fission (NASDAQ:FISN) last announced its quarterly earnings data on Monday, August 3rd. The company reported ($0.56) earnings per share for the quarter. On average, equities analysts predict that Deep Fission will post -1.66 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Chapin Davis Inc. purchased a new stake in Deep Fission in the second quarter valued at $210,000. Elevation Wealth Management LLC acquired a new stake in Deep Fission during the 2nd quarter worth about $3,294,000. Finally, Blue Owl Capital Holdings LP purchased a new position in shares of Deep Fission during the 2nd quarter valued at about $14,720,000.

Deep Fission Company Profile

Deep Fission Inc develops and deploys small modular nuclear reactors placed deep underground to generate electricity. Deep Fission Inc is based in Berkeley, California.